https://www.taxtmi.com/caselaws?id=201445 The High Court upheld the decisions of the Commissioner (Appeals) and the Tribunal, ruling in favor of the assessee in a case where the Revenue sought to deny modvat credit to a manufacturer for inputs due to partial duty payment. The Court clarified that the manufacturer could still claim the benefit of an exemption Notification even if all conditions for deemed credit were not fully met. It was determined that any outstanding duty could be separately recovered by the Department, affirming the validity of the manufacturer's entitlement to modvat credit on inputs. en-us Mon, 05 Apr 2010 00:00:00 +0530 Sat, 08 Jan 2011 14:05:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201445 The High Court upheld the decisions of the Commissioner (Appeals) and the Tribunal, ruling in favor of the assessee in a case where the Revenue sought to deny modvat credit to a manufacturer for inputs due to partial duty payment. The Court clarified that the manufacturer could still claim the benefit of an exemption Notification even if all conditions for deemed credit were not fully met. It was determined that any outstanding duty could be separately recovered by the Department, affirming the validity of the manufacturer's entitlement to modvat credit on inputs. Case-Laws Central Excise Mon, 05 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201445